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Use the Following Table for a Hypothetical Single-Product Economy Refer to the Data

question 13

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Use the following table for a hypothetical single-product economy.  Year 1234Units of Output10121520 Price of Bagel Per Unit$10203040Price Index( Year 1=100) 100200300400\begin{array}{c}\begin{array}{c}\\\underline{\text { Year }} \\ 1 \\2 \\3 \\4\end{array}\begin{array}{c}\text {Units of}\\\underline{\text { Output}}\\10\\12\\15\\20\end{array}\begin{array}{c}\text { Price of Bagel}\\\underline{\text { Per Unit}}\\\$ 10\\20\\ 30\\ 40\end{array}\begin{array}{c}\text {Price Index}\\\underline{\text {( Year 1=100) }}\\100\\200\\300\\400\end{array}\end{array}
Refer to the data.Nominal GDP in year 3 is:


Definitions:

Unpredictable Stressors

Unpredictable Stressors are stress-inducing factors or conditions that occur without warning, causing uncertainty and difficulty in coping due to their unforeseen nature.

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Predictable refers to the quality of being expected or foreseen based on patterns, behaviors, or known information.

Cope

To manage or deal with challenges or distress in an effective way, often involving problem-solving or emotional adjustment.

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A psychological conflict that occurs when an individual must choose between two equally unattractive options.

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